Renewable energy technologies is growing much faster


The production of electricity from renewable energy technologies is growing
much faster than the electric power supply as a whole. 

Solar power is among the fastest growing segments of the renewable energy market. Centralized
solar power is produced on large farms and fed into an electrical grid — a
network of wires and transformers that allows electricity produced by multiple
sources to be transported to industrial, commercial and residential consumers.
Globally, grid-connected solar capacity increased an average of 60 percent
annually from 2004 to 2009, faster than any other energy source. Solar
electricity production grew 15.5 percent in 2009 alone. Today, however, solar
power still accounts for less than one-half of one percent of the world’s electric
power output.

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